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Hainan Jinpan Smart Technology CoSHSE:688676 +12.91%84 Return-on-Tangible-Equity is 15.03% as of Jun. 2026, which is 9% above its 10-year median of 13.84. GuruFocus rates SHSE:688676 with a GF Score™ of 84/100 and a GF Value™ of ¥46.41 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,978 Industrial Products companies, Hainan Jinpan Smart Technology Co ranks better than 74.78% on this metric.
The historical rank and industry rank for Hainan Jinpan Smart Technology Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:688676'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.35 Med: 13.84 Max: 17.31
Current: 14.66
During the past 9 years, Hainan Jinpan Smart Technology Co's highest Return-on-Tangible-Equity was 17.31%. The lowest was 5.35%. And the median was 13.84%.
SHSE:688676's Return-on-Tangible-Equity is ranked better than 74.78% of 2978
companies
in the Industrial Products industry
Industry Median: 7.01
vs SHSE:688676: 14.66
Hainan Jinpan Smart Technology Co (SHSE:688676) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Hainan Jinpan Smart Technology Co Return-on-Tangible-Equity Related Terms
Hainan Jinpan Smart Technology Co Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hainan Jinpan Smart Technology Co Return-on-Tangible-Equity Chart
SHSE:688676 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Hainan Jinpan Smart Technology Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hainan Jinpan Smart Technology Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hainan Jinpan Smart Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hainan Jinpan Smart Technology Co's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.03% mean?
Hainan Jinpan Smart Technology Co (SHSE:688676) has a Return-on-Tangible-Equity of 15.03% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hainan Jinpan Smart Technology Co and its competitors. This is near median its historical median of 13.84. Over the past decade, Hainan Jinpan Smart Technology Co's Return-on-Tangible-Equity has ranged from 5.35 to 17.31. According to the industry distribution chart, Hainan Jinpan Smart Technology Co ranks #751 out of 2978 companies in the Industrial Products industry, placing it in the top 25.2%.
Is Hainan Jinpan Smart Technology Co's Return-on-Tangible-Equity too high?
Hainan Jinpan Smart Technology Co's current Return-on-Tangible-Equity of 15.03% is near median its 10-year median of 13.84. Over the past 10 years, this metric has ranged from a low of 5.35 to a high of 17.31. The Industrial Products industry median Return-on-Tangible-Equity is 7.01. Hainan Jinpan Smart Technology Co's value of 15.03% is 114.4% above this industry median. Based on the distribution chart, Hainan Jinpan Smart Technology Co ranks #751 out of 2978 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hainan Jinpan Smart Technology Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Jinpan Smart Technology Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hainan Jinpan Smart Technology Co ranks #751 out of 2978 companies for Return-on-Tangible-Equity. This puts Hainan Jinpan Smart Technology Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Hainan Jinpan Smart Technology Co's value of 15.03% is 114.4% above this benchmark. Historically, Hainan Jinpan Smart Technology Co's own Return-on-Tangible-Equity has ranged from 5.35 to 17.31 over the past decade. While the company's 10-year median is 13.84 vs. the industry median of 7.01, Hainan Jinpan Smart Technology Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 7.01, based on 2,978 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hainan Jinpan Smart Technology Co's current Return-on-Tangible-Equity of 15.03% is 114.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hainan Jinpan Smart Technology Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Jinpan Smart Technology Co's current Return-on-Tangible-Equity is 15.03%, which is near median its own 10-year median of 13.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Jinpan Smart Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Jinpan Smart Technology Co (SHSE:688676) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥46.41, compared to a current price of ¥76.00 — trading 63.8% above its estimated fair value. The current Return-on-Tangible-Equity is 15.03%, which is near median its 10-year median of 13.84 and 114.4% above the Industrial Products industry median of 7.01. Hainan Jinpan Smart Technology Co's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Hainan Jinpan Smart Technology Co (SHSE:688676), the current Return-on-Tangible-Equity is 15.03% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hainan Jinpan Smart Technology Co (SHSE:688676) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Jinpan Smart Technology Co stock appears to be overvalued.
The current stock price of ¥76.00 is trading 63.8% above its estimated GF Value™ of ¥46.41.
GuruFocus considers Hainan Jinpan Smart Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688676:
Return-on-Tangible-Equity: 15.03% (near median its 10-year median of 13.84)
GF Value™: ¥46.41 vs. price of ¥76.00 (63.8% above fair value)
Industry Position: 114.4% above the Industrial Products median (#751 of 2978)
No single metric tells the full story. See the SHSE:688676 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Jinpan Smart Technology Co Ltd is engaged in the research and development, production and sales of power transmission and distribution and control equipment products used in the fields of new energy, high-end equipment, energy conservation and environmental protection. Products are sold all over the country and exported to more than 70 countries and regions around the world.
84GF Score
Get the complete analysis for SHSE:688676
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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